Shiba Inu (SHIBA) the decentralised meme token spiked 8% over 24 hours, taking the market cap to just shy of $20 billion and a 24-hour trading volume of 2,494.45 million.
According to whalestats, which tracks ethereum wallets, a big Shiba Inu buyer purchased 4 trillion tokens for around $136 million. The wallet is now made up of a quarter of SHIBA, as well as other decentralised currencies Decentraland, Gala, Sandbox, and stablecoin Tether, accounting for a total wallet value of a billion dollars.